Wangsan Complex Delays Hold Up Groundbreaking

The groundbreaking of Kakao's second data center has fallen behind schedule as work on the Wangsan industrial complex, the site tied to the project, has been delayed. The holdup has left the timeline for the data center's start of construction uncertain.

New Mayor Orders Reassessment

The newly elected mayor has gone further than awaiting the delayed groundwork, ordering a review of the project itself. The reassessment adds a further layer of uncertainty to the data center's schedule, as the site plans may be revisited before construction can proceed.

Outlook

Until the Wangsan industrial complex delays are resolved and the mayoral review concludes, the timing of the second data center's construction remains unsettled. On balance, the claim that the groundbreaking has been pushed back amid the complex's delays and the new mayor's review is Mostly True.